How much should you pay for a used Mustang?

How much should you pay for a used Mustang?

On average, 2012-2016 base models hover between $13,000-$19,000, while GT models from similar years fall in the low-to-mid $20,000s. GT Premiums tend to go for slightly more than $30,000.

Is a used Ford Mustang worth it?

A used Ford Mustang is still the better buy, according to the data, as average prices are still 31 percent or $13,422 lower than comparable new models. “The Ford Mustang is America’s best-selling sports car, which means supply is high and pricing is lower for used models,” said iSeeCars Executive Analyst Karl Brauer.

What is the best Mustang to buy used?

The 3 Best Ford Mustang Models to Buy Used

  • 2011 Mustang. 2011 Mustang GT ⎹ Ford.
  • 2014 Mustang. The 2014 Mustang is also an appealing option because it is well equipped and affordable.
  • 2019 Mustang. The 2019 Mustang beats out the 2018 model by a small margin because it has a slightly higher predicted reliability rating.

Is a Mustang a good investment?

Of all classic cars, Mustangs were quite literally built to be reliable, and today’s technology has made it possible and accessible to extend their lives almost indefinitely. In milestone and monetary terms, they make a good investment.

Are Mustangs expensive to maintain?

How Frequently Does a Ford Mustang require maintenance? Overall – the Ford Mustang has yearly car maintenance costs total to $709 . Given that the Ford Mustang has an average of $709 and that the average vehicle costs $651 annual — the Mustang is substantially cheaper to maintain.

Do Mustangs increase in value?

A Ford Mustang will depreciate 43% after 5 years and have a 5 year resale value of $20,957. The iconic Ford Mustang does a great job at holding its value, and ranks in the top 25% of popular models at both years 5 and 7.

How much are car insurance rates for a Ford Mustang?

Before you decide to buy car insurance for your model of Mustang, be sure to shop around and compare rates from different insurance agents in your state. The average car insurance costs for a Ford Mustang is around $124 a month, which is cca $1,488 a year.

What is the best year of the Ford Mustang?

1967 was a good year for the Mustang: Ford made one of the most iconic models in its history, the Shelby GT500 Super Snake. There’s only one that exists, according to Complex Magazine, and it reached 520 horsepower – an impressive feat for a car made nearly 50 years ago.

How much horsepower does a 5.0 Mustang have?

Currently, the 5.0-liter V8 in the Mustang GT produces 435 horsepower. For 2018, the 5.0 gets both direct- and port-fuel-injection, and a higher compression ratio, so a 20-horsepower increase seems…

How much money is a Ford Mustang?

How Much Does the Ford Mustang Cost? The 2021 Ford Mustang starts at $27,155, which is about average for the sports car class. That price tag is for the base fastback (coupe) model; a base Mustang convertible starts at $32,655.